- Industry: Energy
- Number of terms: 2953
- Number of blossaries: 0
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Platts is a global provider of news, research, commentary, market data and analysis, and daily price assessments on the oil, natural gas, electricity, nuclear power, coal, petrochemical, and metals markets. The company sells subscriptions to its content, which is offered through websites, ...
In power: the rate at which electricity is delivered to or by a system at a given instant or averaged over a designated period, usually expressed in kilowatts or megawatts.
In oil: the rate of consumption of refined products, normally measured in millions of barrels per day, or in million tonnes per year.
Industry:Energy
The mean of prices over a pre-defined period, for instance, the previous five days. The moving average for different time periods can be charted to generate short- and medium-term buy/sell signals. For instance, funds have in the past tended to buy when the price crosses the 40-day moving average from below, and to sell when it cuts the average from above.
Industry:Energy
The fee paid by a miner to the smelter/refiner which upgrades the mine’s concentrate output. Abbreviated to TC/RCs on second reference. Smelting/refining contracts also typically include escalators, which adjust the charges up or down in line with fluctuations in the market price of the metal in question.
Industry:Energy
The number of contracts left open in a market which need to be closed out or taken through to delivery.
Industry:Energy
The act of loading petroleum or petroleum products at a terminal or transfer point.
Industry:Energy
The amount of customer demand that, in accordance with contractual arrangements, can be interrupted by direct control of the system operator, remote tripping, or by action of the customer at the direct request of the system operator.
Industry:Energy
A joule is an international unit of energy defined as the energy produced from one watt flowing for one second. A very small unit of energy, there are 3-6-mil joules in a kilowatt-hour. For gas, one gigajoule = 0. 96 Mcf under standard temperature and pressure conditions. Roughly, one gigajoule (Gj) = 1 Mcf; one petajoule (Pj) = 1 Bcf; one exajoule (Ej) = 1 Tcf.
Industry:Energy
Pyrolysis gasoline: a naphtha-range product with a high aromatic content, used either for gasoline blending or as a feedstock for a BTX extraction unit. Pygas is produced in an ethylene plant which processes butane, naphtha or gasoil.
Industry:Energy
